ZIP Code 92264 — Palm Springs, California

The median home in 92264 is valued at $456,100 against a median household income of $70,305, a price-to-income ratio of 6.5. That is in line with the 6.7 median across the 1,558 California ZIP codes with published housing data, and well past the 3.0 ratio that marks an attainable market nationally, so buying here on a local median income requires substantial savings or a second income. Within Riverside County, 92264 ranks 61 of 67 ZIPs on affordability (1 = lowest ratio); the county median ratio is 5.2. Renting takes 25.5% of median household income (median rent $1,492 a month), under the 30% cost-burden threshold.

92264 ranks 1,070 of 1,558 statewide on median household income and 1,016 of 1,558 on median home value; its income is below the $83,139 Riverside County median. 69% of households own their home, above the 64% statewide ZIP median, making this a majority-owner ZIP. 46% of adults hold a bachelor's degree or higher, above the 31% median, and the poverty rate is 10.8%, in line with the 10.8% statewide ZIP median. Unemployment stands at 8.7%.

With 397 residents per square mile across 50.9 square miles of land, 92264 is far less dense than the statewide ZIP median of 1,120 (rank 939 of 1,558). This is a low-density pattern of large lots, small towns or scattered subdivisions.